Business: Good Week - Bad Week

Good Week

© Boeing

CHINA The country's domestic passenger market continues to recover, with traffic rising sharply in January. The sector, which has been improving steadily in recent months after weakness for much of last year, rose by 21.3% to 16.2 million passengers in January. However, international demand and cargo volumes remained depressed, with the number of passengers carried on international flights falling 17% to 1.2 million and freight declining by 29% to 264,334t.

 

 

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Bad Week

© Embraer

EMBRAER The Brazilian manufacturer's recently announced plan to lay off 4,270 workers was blocked by a local court. A regional labour appeals court granted the interim relief sought by the Metalworkers Union of São José dos Campos and Surrounding Region and other labour groups. Embraer notes the court's relief is preliminary and says that it will appeal against the decision. The furloughs amount to about 10% of Embraer's worldwide workforce.

 

 

Source: Flight International